Cloudera Announces Acquisition Of Arcadia Data

Enterprise data cloud company, Cloudera is set to acquire certain assets of Arcadia Data, a cloud-based AI-powered business intelligence, and real-time analytics, as per reports. Arcadia’s data build promotes faster and deeper understanding from modern data platforms like cloud object stores, Apache Kafka and Apache Hadoop. Arcadia uses ArcEngine technology which involves machine learning and helps to compute common queries for reports, leading to faster results within hours. The association will assist Cloudera customers from time to time data insight and solve complex data management for the future of the enterprise data cloud for businesses.

“As data becomes more complex and varied from an increasing number of sources across private and public clouds, IT organizations must optimize data access or risk business users being unable to act, or acting on outdated information,” , “It’s essential for business users to have access to the data they need when they need it, and the addition of Arcadia Data’s technology and expertise will accelerate insights for our customers,”stated Anupam Singh, chief customer officer at Cloudera.